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Duke Realty buys back $206.8 million of 3.75% exchangeables due 2011
By Angela McDaniels
Tacoma, Wash., Sept. 3 - Duke Realty LP said it repurchased approximately $206.8 million principal amount of its 3.75% exchangeable senior notes due 2011.
The total amount paid for the exchangeables was approximately $202.3 million, according to an 8-K filing with the Securities and Exchange Commission.
The exchangeables were repurchased in a series of privately negotiated transactions that were completed on Tuesday.
The notes are exchangeable for shares of Duke Realty Corp.
Duke Realty is an Indianapolis-based commercial real estate company.
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